AGP Executive Report
Last update: 8 hours agoCoal vs gas policy: West Virginia’s Public Service Commission signaled coal remains the priority as it weighs FirstEnergy’s $2.47bn gas plant and AEP’s long-term resource plan. Illegal mining crackdown: Nigeria’s EFCC won convictions of two people and a company in Kwara for processing solid minerals without required licences. Crypto-mining rules: Kazakhstan approved a 10-year “strategic crypto mining” framework offering capped electricity rates in return for contributions to a national crypto reserve fund. Rare earths push: Viridis Mining says its Brazil rare-earth demo plant is beating PFS assumptions, with July recoveries above 80% for mixed rare earth oxides. Project updates & drilling: Sinclair Gold extended mineralisation at Mt Henry in WA; Krakatoa accelerated Zopkhito drilling toward a maiden JORC resource; Osisko Metals reported new Gaspé copper intercepts; Tocvan found a new near-surface silver-gold zone at Gran Pilar. Energy transition in mining: Kumba signed a 20-year renewable power offtake for Sishen via an on-site solar PV plant. Community & governance: PNG unveiled mining regulatory reforms for long-term investment; Osisko Gold backed District of Wells priorities for its Cariboo project. Labor & heritage: De Beers issued Section 189A retrenchment notices at Venetia; UNESCO urged Japan to fully disclose forced labor history at the Sado mines. Markets & macro: ICRA projected India GDP growth of 6.4–6.6% for Q1 FY27 amid energy and input pressures.
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